Putting speculation to rest, Gurgaon-based foodtech startup Zomato today announced the acquisition of Runnr, a Bengaluru-based delivery startup. Deepinder Goyal, Co-founder and CEO Zomato, said in a blog &#8211; Yes, that’s right, we just signed our long-rumoured acquisition of Runnr. While the financial details of the deal were not disclosed, the blog iterated Zomato and Runnr would [&hellip;]

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&nbsp;Zomato, the global restaurant guide and food on-demand service, has made an acquisition to shore up its delivery business on home turf after it completed a deal for Runnr. The acquisition has been rumored since May and is much-anticipated, as Zomato CEO Deepinder Goyal himself acknowledged in an announcement. The all-stock deal was previously pegged at $40 million by Indian media, but&hellip; <a ...